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August 22, 2017

Chinese SUV maker considers bid for iconic Jeep line

  • Great Wall Motors' goal is to become the top specialty SUV producer by 2020.
    • By JOE McDONALD
    AP Business

    BEIJING — Chinese SUV maker Great Wall Motors is considering making a bid to buy Fiat Chrysler's Jeep unit, spokespeople for the company said Monday, in a possible ambitious new step onto the global stage for China's fast-growing auto brands.

    Great Wall has yet to formally declare its interest in Jeep, but a possible acquisition would be in line with chairman Wang Jianjun's goal, announced in February, of becoming the top specialty SUV producer by 2020.


     
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